|
CHUBB CORP
(CB-NYSE):
Technical Viewpoint: From a low
of $7 1/4 on Sep 19, 2000 prices
rallied, reaching a
high of $82.00
on Sep 28, 2000. A
decline saw prices pull back, reaching a
low of
$70.06 on Oct 12, 2000.
Another rally saw prices penetrate
resistance, closing 10/30/00
at $85.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 24, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $78.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 30, 2000. A P&F upside
reversal takes place at $83.00. Summary: Technical indicators have turned bullish. BUY! CHUBB CORP
(CB-NYSE) @ $86 1/2 Stop: Use a protective stop of $83 5/8.
CHUBB CORP is currently trading @ $85.94 plus $4.69 on Oct 30, 2000. Price Objective:
$114.00. Risk/Reward: $2 7/8 VS. $27 1/2. Today's Risk Reward Ratio: 9:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$114.00
Risk/Reward:
$2 7/8 VS. $27 1/2
Risk/Reward Ratio:
9:1
|
